Boy, this is an issue for home buyers and not just first-time buyers either.  Do you have to borrow money for a down payment on a new house?  Is the money going to be a gift to you or a loan to you?  How much of your downpayment is your money and how much is from another source.  Time was those issues were no business of the lending company, but those days are gone.  Most people will be amazed at the amount of paperwork required to purchase a home and a lot of it has to do with your downpayment money source.  Read this article by Realty Times to learn more.  If you would like to talk to a local lender, face to face, contact me and I can provide you with some names and numbers.  It will pay home buyers to be aware of each lenders policies on source of down payment.  Easily could make the difference between getting a mortgage loan and being denied.